TELETRADER News
9/17/2019, 3:03 PM
(Source: TeleTrader)
Russia expects $200B trade turnover with China by 2024
Russian Prime Minister Dmitry Medvedev said on Tuesday that Moscow hopes to reach a mutual trade turnover of $200 billion with China over the next five year.
"We target reaching the level of $200 bln by 2024. The plan is to achieve that (goal) mainly through joint projects in the field of energy, industry, hi-tech and agriculture," Medvedev stated at the 24th expanded meeting of the heads of the governments of Russia and China and noted their bilateral trade turnover reached $108 billion last year.
Earlier this year, Russian President Vladimir Putin noted that Moscow and Beijing plan to work on expanding the use of national currencies in bilateral trade.